Assignor: Trot Pets, Inc.
Assignee: Trot (ABC), LLC
ABC Date: October 3, 2022
Thank you for your continued patience. This website is a service provided by FileAClaim.info for purposes of filing a claim electronically and viewing electronic copies of the creditor notice and general assignment for the Trot Pets, Inc. (“Trot Pets”) matter. Please use the link below to file a claim with the estate, however, making a claim does not guarantee payment by Assignee. This site is operational using a mobile device, a desktop or notebook computer.
The Assignment entity is a California limited liability company, Trot (ABC), LLC (“Assignee”). The Assignee is a special purpose entity established to liquidate the assets of Trot Pets, compile claims, and distribute proceeds, if any, to creditors according to the priority established. Please note that apart from the relationship created by the Assignment, Trot Pets and Assignee have no corporate affiliations with each other.
TO ALL RECIPIENTS OF THE CREDITORS’ NOTICE DISTRIBUTED ON OCTOBER 22, 2022
You earlier received notice that on October 3, 2022 Trot Pets, Inc. (“Trot Pets” or “Assignor”) entered into an Assignment for the Benefit of Creditors (“ABC”). To further explain the ABC, it is a business liquidation device available to an insolvent debtor which is an alternative to a bankruptcy filing. ABCs are governed by state law – in the case of Trot Pets, California state law.
In an ABC, the Assignor transfers all of its rights, title, and interest in its assets to a third-party fiduciary, or assignee. The name of this third-party assignee is Trot (ABC), LLC (“Assignee”). With the exception of the relationship created by the ABC, note the Assignor and Assignee have no other affiliation.
The Assignee serves in a capacity like that of a trustee in a bankruptcy. The Assignee is responsible for liquidating the assets of Trot Pets and distributing proceeds (if any) among the creditors of Trot Pets based on their legal priority.
For your convenience, this landing page has been created to allow creditors to file and establish a claim and to make additional relevant documents pertaining to the ABC available.
Please know these actions were taken at this time to maximize the value of the company’s assets and if possible, to make a distribution from the proceeds as appropriate.